Changes to the Project. Without limiting Special Condition 6.1, the Purchaser acknowledges and agrees that: (a) the ▇▇▇▇▇▇ Project is a long term project, and accordingly as the project progresses changes may be made to aspects of the project from those which are presently intended and which are depicted in the Urban Design Guidelines, in the ▇▇▇▇▇▇ Project Masterplan or in other material provided by the Vendor; (b) the changes to the ▇▇▇▇▇▇ Project referred to in Special Condition 2.14 (a) may include changes to: (i) the layout of the project and the location of various features or infrastructure; (ii) the inclusion, addition or omission of some areas, features or infrastructure from the project; or (iii) the timing for the delivery or completion of various features or infrastructure; (c) for the avoidance of doubt, the changes referred to in Special Conditions 2.14(a) and (b) above include changes to any stages or development comprising the ▇▇▇▇▇▇ Project; (d) these changes may occur for various reasons, such as to meet market demand or reflect changing economic conditions or as a result of design requirements or to meet the requirements of Authorities or for any other reason the Vendor deems desirable in its discretion; (e) the Vendor is not obliged, whether before or after Settlement, to commence or complete construction of the remainder of the ▇▇▇▇▇▇ Project in any manner contemplated under this Agreement, the Urban Design Guidelines, the ▇▇▇▇▇▇ Project Masterplan or in other material provided by the Vendor; and (f) the Purchaser will not make any objection, requisition or claim for compensation against the Vendor nor rescind or terminate this Agreement, nor delay or refuse to settle by reason of any delay, non- completion or changes to the ▇▇▇▇▇▇ Project contemplated in this Special Condition 2.14.
Appears in 2 contracts
Sources: Sale and Purchase Agreement, Sale and Purchase Agreement
Changes to the Project. Without limiting Special Condition 6.1, the Purchaser acknowledges and agrees that:
(a) : the ▇▇▇▇▇▇ Project is a long term project, and accordingly as the project project progresses changes may be made to aspects of the project from those which are presently intended and which are depicted in the Urban Design Guidelines, in the ▇▇▇▇▇▇ Project Masterplan or in other material provided by the Vendor;
(b) ; the changes to the ▇▇▇▇▇▇ Project referred to in Special Condition 2.14
(a2.14(a) may include changes to:to:
(i) the layout of the project and the location of various features or infrastructure;infrastructure;
(ii) the inclusion, addition or omission of some areas, features or infrastructure from the project; or
(iii) the timing for the delivery or completion of various features or infrastructure;
(c) ; for the avoidance of doubt, the changes referred to in Special Conditions 2.14(a) and (b) above include changes to any stages or development comprising the ▇▇▇▇▇▇ Project;
(d) ; these changes may occur for various reasons, such as to meet market demand or reflect changing economic conditions or as a result of design requirements or to meet the requirements of Authorities or for any other reason the Vendor deems desirable in its discretion;
(e) ; the Vendor is not obliged, whether before or after Settlement, to commence or complete construction of the remainder of the ▇▇▇▇▇▇ Project in any manner contemplated under this Agreementcontract, the Urban Design Guidelines, the ▇▇▇▇▇▇ Project Masterplan or in other material provided by the Vendor; and
(f) and the Purchaser will not make any objection, requisition or claim for compensation against the Vendor nor rescind or terminate this Agreementcontract, nor delay or refuse to settle by reason of any delay, non- non-completion or changes to the ▇▇▇▇▇▇ Project contemplated in this Special Condition 2.14.
Appears in 1 contract
Sources: Sale and Purchase of Land